Business Green

DECEMBER 14, 2020

The government has unveiled further details of its hotly-anticipated vision for the UK's net zero transition, signalling a major overhaul of Britain's energy market to scale up renewables, clean heating, nuclear, energy efficiency, carbon capture, and hydrogen technologies over the coming decade and beyond.

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Business Green

MARCH 22, 2022

Following a meeting with industry figures yesterday, the Prime Minister revealed plans to significantly expand the share of UK's electricity produced by nuclear power from around 16 per cent today to 25 per cent by 2050 - a move which would require major investment in new nuclear power capacity in the coming years, according to various reports.

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Hydrogen Fuel News

OCTOBER 9, 2023

Incentivizing Green Hydrogen: The CBAM could incentivize the production of green hydrogen , which is produced using renewable energy sources and emits no carbon dioxide. It ensures that all hydrogen producers, regardless of their location, face similar production costs in terms of carbon pricing.

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Europe Building Energy Monitoring Home Energy Monitoring Energy Monitor 79

Business Green

JANUARY 4, 2023

As such, it sets out how the UK could accelerate its transition away from fossil fuels, secure its energy supplies, and tackle the looming affordability, security, and sustainability 'trilemma' through a raft of new policies. Britain will continue to need to access fossil fuel supplies during the Net Zero transition.

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Clean Energy Canada

MARCH 25, 2024

Japan’s LNG imports, for one, have steadily declined over the last decade and fallen to their lowest level in 14 years as the country restarts nuclear power plants and builds out renewables. s LNG industry is the question of where the electricity will come from to power new projects. Many of B.C.’s

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Business Green

FEBRUARY 18, 2021

The energy industry's interest in low carbon hydrogen is building fast, and the nuclear industry reckons it could yet have a crucial role to play. There may be on-going debates about how best to use hydrogen - should it be deployed to heat buildings, provide energy storage, decarbonise heavy industry, or fuel trains and planes?

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Building Energy Monitoring Hydrogen Solar Energy Monitor Energy Monitor 59

Business Green

APRIL 6, 2022

Previous reports have suggested the Chancellor has pushed back against colleagues' plans to significantly expand the UK's fleet of nuclear power stations , and has questioned the value for money of additional solar and onshore wind development. Nuclear costs continue?to There are now question?marks

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Building Energy Monitoring Home Energy Monitoring Solar Energy Monitor Business Energy Monitoring 44

Business Green

DECEMBER 24, 2021

Offshore wind energy powerhouse Orsted demonstrates that a pivot away from fossil fuels is possible. Within 10 years, Ørsted has transformed from a conventional energy company reliant on fossil fuels for 85 per cent of its revenues to a renewable energy powerhouse, with 85 per cent of revenues coming from non-fossil sources.

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Business Green

NOVEMBER 17, 2020

Carbon capture, hydrogen, nuclear, EVs, and renewables all set to benefit from £12bn government stimulus plan, but critics warn funding falls well short of the level required to trigger a green recovery.

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Business Green

MARCH 28, 2022

The government's much anticipated Energy Security Strategy has reportedly been delayed for a second time, with the Treasury resisting proposals for new spending plans that would help to boost domestic energy generation and curb imports of Russian fossil fuels.

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Business Green

JULY 22, 2021

Between $92tr and $173tr of investment needed to drive net zero energy transition over next 30 years, major new report estimates. At present, around 83 per cent of primary energy is currently fossil fuels, while wind and solar PV account for just 1.3 There is no time to waste," stressed BNEF chief economist Seb Henbest.

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Fossil fuels Energy Energy Aviation 69

Business Green

JULY 29, 2021

Government touts High Temperature Gas Reactors (HTGRs) to help decarbonise power and produce hydrogen. AMRs are typically smaller than conventional nuclear power stations, offering greater flexibility and which can also be built at a fraction of the cost.

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Business Green

MARCH 10, 2023

Next week's Budget will feature a wide-ranging new clean energy package designed to mobilise £20bn of investment in the UK, Treasury confirms The Chancellor will next week promise to "reset" the UK's decarbonisation and energy security plans through an "unprecedented" £20bn investment in carbon capture and clean energy infrastructure.

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Business Green

OCTOBER 5, 2020

Boris Johnson is set to cast a major vote of confidence in the UK's flourishing offshore wind sector tomorrow in a bid to help the country "build back greener", confirming a higher target for 40GW of capacity by 2030, backed by £160m investment towards state-of-the-art turbine manufacturing.

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Investment Wind power Packaging Hydrogen 53

Renewable Energy World

APRIL 2, 2021

Electric cars are undoubtedly cleaner than fossil fuel run cars. The deficit is paid off quickly and even, when with no alternative, the electricity used to charge the vehicles is driven by fossil fuels, they are still greener. However, there is another player in the field – hydrogen. Recycling.

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Business Green

JULY 8, 2022

Office for Budget Responsibility estimates sustained high fossil fuel prices could make the comparative costs of net zero over a third cheaper. But it also stressed the risk that developing nations could drive a rapid rise in demand for fossil fuels in the coming years, putting further upward pressure on energy prices.

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Business Green

SEPTEMBER 28, 2022

Dubbed Great British Energy, the new venture would enable British people to profit from the nation's clean energy resources, he said, stressing that state-backed energy companies from France, China, and Sweden were all currently profiting from wind and nuclear power generated in Britain. British power to the British people.".

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Energy Energy Nuclear Power Fossil fuels 69

Climate Tech VC

DECEMBER 18, 2023

In news this week, COP28 wraps up with a landmark agreement on transitioning away from fossil fuels, DOE announces a new office focused on AI, and over 2M Teslas were recalled.  for grid enhancements and $7B for hydrogen fuel hubs. ☢️ US nuclear power saw mixed results.

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Business Green

JULY 19, 2022

What could the UK's energy system look like in 2050, once offshore wind energy is the backbone of the electricity grid, fossil fuel vehicles are increasingly scarce, hydrogen fuel has gone from vision to reality, and energy efficiency is an everyday consideration for families and businesses alike?

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Business Green

APRIL 6, 2022

The government will tomorrow publish its long-awaited Energy Security Strategy, promising that the sweeping new plan will 'supercharge' clean energy deployment and put the UK on track to source 95 per cent of its power from domestic low carbon sources by 2030.

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Government Energy Energy Fossil fuels 69

Business Green

APRIL 7, 2022

A round up of all the key targets and measures announced as part of the government's plan to wean the UK off risky and expensive fossil fuel imports. Nuclear targets increased to 24GW by 2050. Achieving the government's nuclear ambitions would require a huge ramp up of nuclear power capacity from less than 7GW today.

Energy 36

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Business Green

SEPTEMBER 11, 2020

Plus Poland and South Korea coal-phase outs, Siemens Gamesa hydrogen project, and all the top green business news from around the world this week. Poland accelerates coal phase out, pushes for nuclear and offshore wind. million, in addition to increasing the number of hydrogen vehicles from 8,000 to 200,000 over the coming years.

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Hydrogen Nuclear Power Wind power Government 73

Business Green

OCTOBER 5, 2020

Boris Johnson trails first stage in '10-point plan' for a green industrial revolution, as government confirms new £160m wind turbine manufacturing investment. So we are committing to new ambitious targets and investment into wind power to accelerate our progress towards net zero emissions by 2050.

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Wind power Nuclear Power Government Packaging 86

Hydrogen Fuel News

AUGUST 31, 2023

The US Department of Energy (DOE) is placing a major focus on nuclear hydrogen as a component of the US government’s proposed $7 billion push for clean H2 production. The idea is to be able to focus on carbon emission-free production powered by energy already installed.

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Business Green

MARCH 30, 2023

Prior media reports suggested the government had intended to badge all of its announcements under the banner of 'Green Day', but instead it appears to have gone with the name 'Powering Up Britain', evidently keen to place as much focus as possible on energy security issues.

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Business Green

DECEMBER 14, 2020

Business stands ready to deliver the investment and innovation needed to turn ambition into reality, and the proposals outlined in the Energy White Paper will give firms further confidence to deliver new infrastructure'. million petrol cars off the road.

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Energy Energy Fossil fuels Government 73

Business Green

AUGUST 7, 2020

However, the report also highlights how engineering a 'green recovery' backed by major investment in low carbon infrastructure could significantly increase the chances of the world meeting the 1.5C The study drew on data from 123 countries that together account for 99 per cent of fossil fuel emissions. goal within reach.

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Business Green

APRIL 7, 2022

After weeks of speculation, the government is set to publish its plan to boost Britain's energy security later today, with fresh targets announced for offshore wind, nuclear and low-carbon hydrogen alongside measures to accelerate the adoption of smart grid technologies.

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Business Green

AUGUST 26, 2022

US and UK financial institutions have this week been accused of continuing to fund Russian "carbon bomb" fossil fuel projects that are both aiding Russia's illegal war in Ukraine and threatening to breach global climate goals. Investing in Russian carbon bombs is the worst thing you can do today.".

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Pollution Carbon-neutral Fossil fuels Wind power 36

Business Green

MARCH 28, 2022

Investors eye major role for hydrogen in decarbonising UK's gas and energy system after deal valuing business at £9.6bn. National Grid's 7,660-kilometre transmission system plays a critical role in the UK energy landscape, transporting the gas needed to heat homes and power industry and electricity generation.

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Business Green

MARCH 2, 2023

The emissions savings could have been higher still were it not for the summer heat waves that hit the northern hemisphere and the fact an unusually large number of nuclear power plants were offline for sustained periods. We still see emissions growing from fossil fuels, hindering efforts to meet the world's climate targets," he said.

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Business Green

JANUARY 11, 2023

The Scottish Government is considering plans to deliver a further 20GW of renewable power and 5GW of hydrogen production capacity by the end of the decade, as part of a sweeping draft energy strategy aimed at delivering a fair and smooth net zero transition for Scotland and its North Sea oil and gas sector.

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Government Energy Energy Fossil fuels 44

Business Green

NOVEMBER 1, 2022

Industry Voice: Phoenix Group sets out why decarbonising its investment portfolio makes business and planetary sense. That's because, while investment costs are significant, they lead to savings later. There is no doubt that delivering the transition across the economy comes with a large investment requirement.

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Business Green

AUGUST 20, 2020

million jobs could be generated within two years across the UK through £85bn clean infrastructure investment. It follows calls from the TUC for the government's post-pandemic investment to support infrastructure geared at unlocking jobs across the UK's regions. Trade Unions Congress estimates 1.24 million jobs within two years.

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Energy Innovation

FEBRUARY 5, 2023

While new Inflation Reduction Act investments will spur ample opportunities for transitioning to clean energy, additional state and federal policy action is needed to achieve U.S. Clean Building Equipment Standards require new building appliances shift from fossil fuel use in buildings to electricity. climate goals.

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Business Green

MARCH 7, 2022

He added that: "the good news is, Russia can't directly manipulate the price of renewable energy and nuclear power in the UK. Now, more than ever, we must focus on generating cheaper, cleaner power in Britain, for Britain. This is the price we pay for decades of government failure to end our dependence on fossil fuels.

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Fossil fuels Politics Europe Government 69

Climate Tech VC

FEBRUARY 12, 2024

  In deals, geologic hydrogen digs up $245m, $181m across six EV deals, and Brookfield’s $10bn climate transition fund.  Mingomba could drive further investment in what might eventually become a major copper supplier.   Thanks for reading! Not a subscriber yet? Mineral ambitions. Why is this important now? 

Energy Monitor 52

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